Description
Calling Investors & Landlords! Opportunity awaits at 204 N 8th St, Oskaloosa, IA 52577, a spacious 4-bedroom, 2.5-bath home providing over 2,300 sq ft of living space. Located just 1 mile from William Penn University, this property presents a strong opportunity for student housing. The home is tenant occupied by college students through the end of May, with an ideal closing date of June 1, following tenant lease expiration. The current rental income is $1,200/month, with market rents in the area averaging upwards of $1,500/month. The property is livable but could benefit from updating throughout to reach its full potential.Parking is available via a rear driveway, and all appliances will remain.This is a value-add opportunity for investors looking to renovate, reposition, and maximize rental income in a college-driven market.
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4BEDS
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0.17ACRES
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2BATHS
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11/2 BATHS
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2,366SQFT
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$38$/SQFT
School Ratings & Info
Description
Calling Investors & Landlords! Opportunity awaits at 204 N 8th St, Oskaloosa, IA 52577, a spacious 4-bedroom, 2.5-bath home providing over 2,300 sq ft of living space. Located just 1 mile from William Penn University, this property presents a strong opportunity for student housing. The home is tenant occupied by college students through the end of May, with an ideal closing date of June 1, following tenant lease expiration. The current rental income is $1,200/month, with market rents in the area averaging upwards of $1,500/month. The property is livable but could benefit from updating throughout to reach its full potential.Parking is available via a rear driveway, and all appliances will remain.This is a value-add opportunity for investors looking to renovate, reposition, and maximize rental income in a college-driven market.
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Based on information submitted to the MLS GRID as of 2026-02-16T22:54:04.137(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.